Retirement plan

THE HILSINGER COMPANY 401(K) PLAN

Name: THE HILSINGER COMPANY - THE HILSINGER COMPANY 401(K) PLAN (2017) Form 5500
Creator: THE HILSINGER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HILSINGER COMPANY 401(K) PLAN, THE HILSINGER COMPANY

THE HILSINGER COMPANYEIN 81-0608730Plan #002PY 2017

33 WEST BACON STREET - PLAINVILLE, MA 02762508-699-4406LinkedIn11-50 employeesaccounting

Other plans on this EIN

1 filing

#001Retirement-$4.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.6M

+16.7% from 2016

Total participants

256

+2.4% from 2016

Average account balance

$57,266

+13.3% from 2016

Annual return

14.95%

+5.62 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$39K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

373

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.17%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$501

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS3+ years Service code 27 3030 NORTH ROCKY POINT DR SUITE 700 · TAMPA, FL 33607	Advisory (Plan)	$25,568
THE ANGELL PENSION GROUP, INC.3+ years Filed as: THE ANGELL PENSION GROUP,INC. Service code 13	Contract Administrator	$10,000
SAMET & COMPANY PC1 year Filed as: SAMET & COMPNAY PC Service code 10 1330 BOYLSTON STREET · CHESTNUT HILL, MA 02467	Accounting	$7,500
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,262
THE ANGELL PENSION GROUP, INC.3+ years Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$36K

$157 / participant

Other / not subdivided$36K100.0%

% of EOY assets

0.264%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SAMET & COMPANY PC
Auditor EIN: 043027605
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,266

$63,314-9.6%

$91,004-37.1%

$62,293-8.1%

Participation rate

92.2%

73.3%+18.8pp

75.6%+16.6pp

69.5%+22.7pp

Annual return

14.95%

21.00%-6.0pp

4.60%+10.4pp

28.90%-13.9pp

Employer contribution / active EE

$1,339

$1,807-25.9%

$2,456-45.5%

$2,042-34.4%

Participant deferral / active EE

$3,515

$2,944+19.4%

$3,548-0.9%

$3,169+10.9%

Admin fee / account holder

$151

$468-67.6%

$5,417-97.2%

$479-68.4%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS3+ years

Service code 27

3030 NORTH ROCKY POINT DR SUITE 700 · TAMPA, FL 33607

Advisory (Plan)

$25,568

THE ANGELL PENSION GROUP, INC.3+ years

Filed as: THE ANGELL PENSION GROUP,INC.

Service code 13

Contract Administrator

$10,000

SAMET & COMPANY PC1 year

Filed as: SAMET & COMPNAY PC

Service code 10

1330 BOYLSTON STREET · CHESTNUT HILL, MA 02467

Accounting

$7,500

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,262

THE ANGELL PENSION GROUP, INC.3+ years

Service code 13

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Contract Administrator

THE HILSINGER COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HILSINGER COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion